PlainLender
2024 data HMDA 2024 disclosure official source

Payne County

2,209 mortgage applications, 12.8% denial rate. Verify FIPS 40119 with U.S. Census Bureau →

PlainLender home → About this data

Oklahoma · FIPS 40119

Local mortgage market. Payne County, Oklahoma saw 2,209 HMDA-reported mortgage applications in 2024. Lenders originated 1,127 of those loans and denied 282, producing a denial rate of 12.8% and an approval (origination) rate of 51.0%. The average loan amount was $224,796 at an average note rate of 7.18%, with applicants self-reporting average annual income of $36K. 171 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.2x, meaning typical borrowers took on mortgages of about 6.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 40119 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,209
Applications
1,127
Originated
12.8%
Denial Rate
51.0%
Approval Rate
$224,796
Avg Loan Amount
7.18%
Avg Interest Rate
$36K
Avg Applicant Income
6.2x
Loan-to-Income Ratio

Nearby Lenders in Payne County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 BANCFIRST 188 16.7%
2 Lendlo Mortgage, LLC 81 7.2%
3 Great Plains National Bank 81 7.2%
4 Simmons Bank 67 5.9%
5 Payne County Bank 61 5.4%
Compare BANCFIRST vs Lendlo Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Payne County?
In the 2024 HMDA reporting year, 2,209 mortgage applications were filed in Payne County, Oklahoma. Of these, 1,127 were originated (approved and funded), while 282 were denied, resulting in a denial rate of 12.8%.
What is the mortgage denial rate in Payne County?
The mortgage denial rate in Payne County is 12.8%. The approval (origination) rate is 51.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Payne County?
The average mortgage loan amount in Payne County is $224,796. The average interest rate is 7.179%. The average applicant income is $36K.
What is the loan-to-income ratio in Payne County?
The average loan-to-income ratio in Payne County is 6.2x, meaning borrowers took on loans averaging 6.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Payne County?
The top mortgage lenders in Payne County by origination volume are BANCFIRST, Lendlo Mortgage, LLC, Great Plains National Bank. In total, 171 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.